Accountancy, asked by manikrayat135, 5 months ago

QUE- IF Rahul have a property of ₹50 lakhs and he want to start a new start up business school upto 8th class and for that he want loan of ₹3 crore. WILL THE BANK WILL GRANT HIM LOAN OF ₹3 CRORE UNDER ₹50 LAKH PROPERTY????​

Answers

Answered by KillChor
1

Answer:

Nope.

Explanation:

Actually loan is based on income of person so of his income is enough to pay the loan then bank can provide the loan of ₹3 crore.

By the way why the hell Rahul need 3 crore of loan what he wants to do.

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